Vardhman Capital Services Ltd
About Vardhman Capital Services Ltd
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Vardhman Capital Services Ltd is a public limited company based in Ludhiana, Punjab, India, a subsidiary of Jics Logistic Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 30 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120PB1994PLC015388.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹84.88 Lakh. It is led by directors including Pranav Jhawar and Anil Jhawar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3687 Baba Deep Singh Nagar Opp. Transport Nagar G.T. Road Bye Pass, Ludhiana, Punjab, India – 141009.
As per the financials filed for FY 2025, the company reported a revenue of ₹13 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹40,200 (net margin -3.1%) and EBITDA of -₹37,000 (EBITDA margin -2.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vardhman Capital Services has one previous CIN (Corporate Identification Number): L67120PB1994PLC015388. The current CIN is U67120PB1994PLC015388, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120PB1994PLC015388 | Current |
| L67120PB1994PLC015388 | Previous |
Contact details
Vardhman Capital Services Ltd's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered Address3687 Baba Deep Singh Nagar Opp. Transport Nagar G.T. Road Bye Pass, Ludhiana, Punjab, India – 141009
- IndustryFinancial Services, NBFC
To see the full contact details of Vardhman Capital Services Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vardhman Capital Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vardhman Capital Services Ltd, buy the company report.
Financials of Vardhman Capital Services Ltd
FY 2025 filings availableVardhman Capital Services Ltd reported revenue of ₹13 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹37,000 | ||||
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| Net Profit (PAT) | -₹40,200 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.8% | ||||
| Net Profit Margin | -3.1% | ||||
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To see the full financial statements and ratios of Vardhman Capital Services Ltd, buy the company report.
Board of directors of Vardhman Capital Services Ltd
Vardhman Capital Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Jhawar Also directs: Samaira Agriculture Private Limited, Samaira Agrifoods Private Limited, Samaira Foods and Beverages Private Limited and 5 more | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Anil Jhawar Also directs: Samaira Agriculture Private Limited, Samaira Agrifoods Private Limited, Samaira Foods and Beverages Private Limited and 5 more | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
| Vandana Jhawar | Director | 21 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Vardhman Capital Services Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Capital Services, NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadhi Finance Private Limited | ₹13.31 Lakh (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Gulsan Finance Private Limited | ₹13.2 Lakh (FY 2024) | -70.0% | Delhi, India | |||
| Vardhman Capital Services Ltdthis company | ₹13 Lakh (FY 2025) | -₹40,200 | -3.1% | 6.0% | Ludhiana, Punjab, India | |
| Absolute 15 Capital Services Private Limited | ₹12.91 Lakh (FY 2015) | -99.0% | Mumbai, Maharashtra, India | |||
| Opulaince Capital Services Private Limited | ₹12.8 Lakh (FY 2019) | Alwar, Rajasthan, India |
To see the full peer comparison of Vardhman Capital Services Ltd, buy the company report.
Auditor
Vardhman Capital Services Ltd is audited by H N JHAVAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H N JHAVAR & CO | FY 2017 | 000544C |
Shareholding
The shareholding of Vardhman Capital Services Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhman Capital Services Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Vardhman Capital Services Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardhman Capital Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vardhman Capital Services Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vardhman Capital Services Ltd has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Gurinder Kumar Garg ceased to be Director on 01 Oct 2015.
Frequently asked questions
Vardhman Capital Services is an active public limited company based in Ludhiana, Punjab, India. The company works in nbfc, within the financial services industry. It was incorporated on 30 November 1994 (32+ years old) and is registered under CIN U67120PB1994PLC015388.
Vardhman Capital Services has 3 current directors:
- Pranav Jhawar - Director
- Anil Jhawar - Director
- Vandana Jhawar - Director
The latest financial statements of Vardhman Capital Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vardhman Capital Services is U67120PB1994PLC015388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhman Capital Services was incorporated on 30 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Vardhman Capital Services by revenue are Aadhi Finance Private Limited, Gulsan Finance Private Limited, Absolute 15 Capital Services Private Limited, Opulaince Capital Services Private Limited, all in the BFSI industry (Capital Services, NBFC), with the same principal business activity (other financial activities).
Gurinder Kumar Garg ceased to be Director on 01 Oct 2015. Anil Jhawar ceased to be Additional Director on 30 Sep 2015. Pranav Jhawar ceased to be Additional Director on 30 Sep 2015. Vardhman Capital Services has 9 board changes on record in total.
The registered office of Vardhman Capital Services is at 3687 Baba Deep Singh Nagar Opp. Transport Nagar G.T. Road Bye Pass, Ludhiana, Punjab, India – 141009.
Vardhman Capital Services operates in the financial services industry, in the nbfc segment.
The compliance status of Vardhman Capital Services is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.
Vardhman Capital Services can be reached at its registered office: 3687 Baba Deep Singh Nagar Opp. Transport Nagar G.T. Road Bye Pass, Ludhiana, Punjab, India – 141009.